DENVER--(BUSINESS WIRE)--Standard Alcohol is pleased to announce that its Board of Directors has appointed Michael R. Gambrell as a Director – effective July 1, 2013. “We are thrilled to have someone of Mr. Gambrell’s skill and pedigree to serve with us as an active Director. This is the first of many public announcements that we will be making in the coming months pertaining to the successful commercialization and scale-up of our Mixed Alcohol fuel technologies,” said Michael E. Pardun, Chief Executive Officer of Standard Alcohol.
“As a trained chemical engineer and proven Executive who has successfully deployed tens of billions of dollars of working capital throughout his career, and built and operated some of Dow’s most complex and profitable businesses, we believe that Mr. Gambrell will be a tremendous complement to our evolving Board of Directors,” said Robert C. Mulverhill, Executive Chairman of Standard Alcohol.
“I am honored to join the Standard Alcohol team and in my retirement leverage nearly four decades of experience gained while at Dow Chemical,” said Michael Gambrell. “Standard Alcohol shows paradigm-changing promise in the areas of alternative fuel manufacturing and specialty-chemical production, all derived from plentiful, clean carbon sources such as Natural Gas.”
About Standard Alcohol:
Founded in 2000, Standard Alcohol (www.standardalcohol.com) is an Intellectual Property (IP) licensing and holding company, focused on alternative fuels and specialty chemical technologies, based in Denver, Colorado. At the core of Standard Alcohol’s IP is an innovative adaptation of a historical fuel manufacturing technology, globally deployed at large scale for the production of Methanol and other synthetic hydrocarbons, such as diesel fuel. The process is known as Thermo-Catalytic, Gas To Liquids, or GTL. Standard Alcohol’s proprietary catalysts and catalytic processes cost-effectively convert Natural Gas (or any gasified hydrocarbon, including bio-derived feedstock) into an EPA approved, Mixed Alcohol Fuel. This powerful, patented blend of fuel contains ten linear-chained alcohols (C1-C10), optimally designed for use in internal combustion engines, and is EPA approved for blending into both gasoline and diesel supplies in all fifty states.
About Michael R. Gambrell:
Mr. Gambrell most recently served as an advisor to the Chairman, Dow Chemical Company (“Dow”), in his retirement after 37 years of service. Mr. Gambrell has held many technical and executive positions during his storied career, including most recently Executive Vice President responsible for managing all of Dow’s global manufacturing and engineering organizations. From 2010 to 2012, Mr. Gambrell served on the U.S. Department of Commerce Manufacturing Council, which advised the U.S. Secretary of Commerce on matters related to the competitiveness of the U.S. manufacturing sector. He is currently Director Emeritus of the US-India Business Council and served as a member of The University of Michigan Engineering Advisory Council from 2006 to 2012. In addition to serving as a Director at Standard Alcohol, he currently serves on the Board of Directors of TRW Automotive Holding, Inc. (NYSE: TRW) and the National Safety Council, and is Chairman of the Campbell Institute.